https://www.taxtmi.com/caselaws?id=379378 The Tribunal held that the assessee was entitled to exemption under section 54F as the investment in the new residential flat was made within the prescribed time limit, despite the sale consideration not being deposited in a capital account before the due date. Relying on decisions of the Karnataka High Court and ITAT, Ahmedabad, the Tribunal allowed the appeal and directed the AO to grant the exemption under section 54F. en-us Tue, 30 Apr 2019 00:00:00 +0530 Thu, 02 May 2019 07:41:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379378 The Tribunal held that the assessee was entitled to exemption under section 54F as the investment in the new residential flat was made within the prescribed time limit, despite the sale consideration not being deposited in a capital account before the due date. Relying on decisions of the Karnataka High Court and ITAT, Ahmedabad, the Tribunal allowed the appeal and directed the AO to grant the exemption under section 54F. Case-Laws Income Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379378